b_sea93

It seems as though the person who wrote that question was confused about the material. The question appears to be a hybrid between a scenario concerning "Independence & Objectivity" and another scenario related to "Duties to Employers".

If we suggest that a violation has or has not occurred based on the rugged details presented, we will be in violation of the standard pertaining to "Reasonable & Adequate Basis". Hhha!

madaochenggong

ruins Wrote:
-------------------------------------------------------
> It seems as though the person who wrote that
> question was confused about the material. The
> question appears to be a hybrid between a scenario
> concerning "Independence & Objectivity" and
> another scenario related to "Duties to Employers".
>
>
> If we suggest that a violation has or has not
> occurred based on the rugged details presented, we
> will be in violation of the standard pertaining to
> "Reasonable & Adequate Basis". Hhha!

I like your line of thought!

spreads

muffin09 Wrote:
-------------------------------------------------------
> So to finalize:
>
> 1) Client gives you a gift, not expected to create
> conflict of interest
>
> Result: Only need to disclose in writing to
> employer
>
> 2) Client gives you a gift, possibility for
> conflict of interest
>
> Result: Disclose plus WRITTEN permission
>
> 3) Research subject gives you a gift
>
> Result: Disclose plus WRITTEN permission


I dont think you can accept a gift that would have the possiblity in creating a conflict of interest even if you get approval. If you do, both you and supervisor are in violation of CFA rules.

Can you accept a gift from a research subject.. ever?



Edited 1 time(s). Last edit at Thursday, May 6, 2010 at 10:12PM by joseph213.